What is right of occupancy?

Right-of-occupancy living is a carefree, risk-free and flexible way to live without the need to take out a large mortgage. While living in a right-of-occupancy home, residents pay a maintenance fee which is lower than the general level of rents. You can live in a right-of-occupancy home as long as you wish.

VASO is a leading right-of-occupancy company in the Turku region that offers reasonably priced right-of-occupancy homes in Turku, Raisio, Naantali, Kaarina and Lieto.

Benefits of right-of-occupancy living briefly:

No great financial risks

You do not need to take out a large loan for a right-of-occupancy home. The right-of-occupancy fee is 10–15 percent of the purchasing price of your chosen home, and you pay it only once. You can acquire a right-of-occupancy home for as little as €5,000.

If you move out of a right-of-occupancy home, you will receive the right-of-occupancy fee you paid revised according to the building cost index. We always return the amount you paid at least.

You do not have to pay the transfer tax on right-of-occupancy homes. Therefore, you do not lose your right to tax benefits when purchasing your first home.

You can use your right-of-occupancy contract as collateral for the mortgage on your home.

Living costs are reasonable

Each month, you pay a maintenance fee which is lower than the general level of rents.

The maintenance fee includes a 50 Mbps

Flexible way of living

If your life situation changes, you can move to another right-of-occupancy home that better suits your needs.

When you move to another VASO home, we will transfer your right-of-occupancy fee to the new home. We offer you personal service, always – we will help you plan your move together with you.

You can remodel your home to suit your style.

A carefree alternative

You can live in your right-of-occupancy home as long as you wish – your right to occupy the home is lifelong.

VASO is responsible for the fixed structures and fixtures which makes your everyday life more carefree because you are not faced with unexpected costs.

You do not have to worry about the development of the value of your investment. When you move out, you will receive the right-of-occupancy fee you paid, at least.

If you wish to move out, we here at VASO will take care of selling your home.